The Petroleum Products Retail Outlets Owners Association of Nigeria has urged the Federal Government and regulators to ensure a steady crude supply to domestic refineries and consistent pricing mechanisms to stabilise fuel prices in 2026. In its 2026 outlook signed by the National President, Billy Gillis-Harry, and the spokesman, Joseph Obele, PETROAN said irregular crude allocation, pipeline disruptions, and price fluctuations had continued to hit retail operators hard, leading to market uncertainty and reduced margins. The association also emphasised that improving crude supply, strengthening pipeline security, and encouraging fair competition would help stabilise pump prices and enhance investment confidence: “Stable crude allocation, predictable pricing, and robust regulatory oversight are essential to protecting consumers and ensuring long-term sector growth.”
Author: Punch Newspapers
Published at: 2026-01-07 23:52:17
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